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UAE Signs 26 Trade Deals Under Economic Partnership Initiative

The UAE has signed 26 trade deals under its Comprehensive Economic Partnership Agreement (CEPA). In 2025, the country secured five new agreements, bringing the...

Iraq’s Economy Faces US and Iran Pressures

Iraq’s economy faces US and Iran pressures, shaping its financial policies and trade relationships. A discussion at the London School of Economics (LSE) explored...

Qatar’s Ports Handle Record Cargo in Q1 2025

Qatar’s ports experienced significant growth in cargo handling during the first quarter of 2025. Mwani Qatar reported that ports processed 336,889 containers, with Hamad...

Bahrain’s BBK and Solidarity Finalize BD58m Murabaha Deal

Bahrain’s BBK and Solidarity finalize BD58m Murabaha deal to support a major insurance sector acquisition. The Bank of Bahrain and Kuwait (BBK) has signed...

Dubai Gold Prices Reach Record High as 22K Surpasses Dh350 per Gram

Gold prices in Dubai continue to climb, with 22K gold exceeding Dh350 per gram for the first time. Early trading showed 24K priced at...

Saudi Arabia’s Vision 2030 Drives Economic Diversification Efforts

Saudi Arabia is making steady progress in diversifying its economy despite facing global challenges. The country’s Vision 2030 is designed to reduce its reliance...

Iraq Expands Auto Gas Fueling Network

Iraq is growing its gas-powered vehicle network by opening new auto gas fueling stations in Iraq. The Ministry of Oil announced the launch of...

Iraq Expands Energy Capacity with Major Deals with Siemens and GE

Iraq is taking significant steps to improve its energy production capacity. The country has entered into two major agreements with Siemens and General Electric...

Uganda Signs Major Oil Refinery Deal with UAE Company

Uganda has taken a big step toward its energy goals by signing a deal with UAE-based Alpha MBM Investments. The agreement gives the company...

Oman Attracts Indian Tourists for Events and Weddings

Oman is actively working to attract Indian visitors for corporate events and destination weddings. The country is focusing on expanding its tourism offerings for...

Kuwait Approves Debt Law to Boost Economy

Kuwait has passed a new debt law to strengthen its economy and attract investors. The law sets a debt limit of 30 billion Kuwaiti...

Iraq to Boost Oil Refining Capacity to 1.54 Million Barrels Per Day

Iraq is set to increase its oil refining capacity to 1.54 million barrels per day. Prime Minister Mohammed Shia Al-Sudani announced this significant development...
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